“Our growth trajectory means we need an IT infrastructure that not only facilitates further growth but meets strict regulatory obligations. In Converge TS we have found a partner that delivers both. They have extensive knowledge of law firm requirements and have a proven track-record in offering a reliable, fast and secure service.

“Having a single, secure and compliant IT solution is essential for effective teamwork and client service. It also enables us to boost productivity and offer a more flexible working environment, such as remote working.

“When bidding for criminal aid work, there is a need to demonstrate that we operate in a secure, compliant and efficient way.”

Olliers Solicitors’ approach, enviable experience and their client focus, has brought much acclaim for the team. Most recently with Matthew Claughton winning the Manchester Legal Awards Partner of the year 2015 and his recent nomination for Solicitor of the Year – Private Practice at The Law Society’s Excellence Awards 2015.

Converge TS’s founder and managing director, Nigel Wright, says: “Naturally, we’re delighted to be working with Olliers. They’re an award-winning, forward-thinking firm and we have the right experience to facilitate their further expansion.”

Its investment strategy, aimed at maximising the growth of its Cloud services across the UK, is backed by research which pointed out that while only 10% of UK law firms currently use hosted services, by 2018 the figure will rise to close to 90%.

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Bitcoin is a cryptocurrency – a digital currency that uses cryptographic techniques to regulate the generation of units and to verify the transfer of funds. It is largely anonymous and unregulated, and underpinned by a digital ledger technology known as blockchain. In terms of the market, there is a limit of 21m Bitcoin that can ever be created. It is very narrowly held, with an estimated 40% of Bitcoin held by just 1,000 ‘investors’ and only a third having been traded in the last year. However, there are also a number of synthetic products through which one can gain access to Bitcoin, including contracts for difference, ETFs (exchange-traded funds) and, as of December, exchange-traded futures.